Wednesday, July 22, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

OwlTing Group (NASDAQ: OWLS) and Saber Money Open Settlement into India’s US$860 Billion Export Economy

June 29, 2026
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 17 mins read
5
SHARES
246
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

ARLINGTON, Va., Ju e 29, 2026 (GLOBE NEWSWIRE) — OwlTi g G oup (NASDAQ: OWLS) (“OwlTi g” o the “Compa y”), the ope ati g b a d of OBOOK Holdi gs I c., a global fi tech compa y, today a ou ced the i teg atio of Sabe Mo ey (“Sabe ”), a Asia-fi st c oss-bo de digital cu e cy payme t i f ast uctu e p ovide powe ed by Mud ex I c., a Y Combi ato -backed digital asset platfo m, i to OwlPay Ha bo .1 The i teg atio ope s di ect payout settleme t i to I dia i I dia upees, the p ima y co ido of this expa sio , alo g with pay-i a d payout capability i the Eu ozo e a d the U ited Ki gdom.

The i teg atio exte ds OwlPay Ha bo ’s each i to o e of the wo ld’s la gest c oss-bo de payme t ma kets without OwlTi g buildi g local payout ails of its ow . I dia’s expo ts of goods a d se vices eached a eco d US$860 billio i its fiscal yea e di g Ma ch 2026.2 These flows come f om global busi esses payi g I dia softwa e fi ms, ma ufactu e s, a d se vice p ovide s, the type of e te p ise c oss-bo de payme t that OwlPay Ha bo is built to settle.

Movi g mo ey i to ma kets like I dia th ough t aditio al co espo de t ba ki g emai s slow a d costly. The Wo ld Ba k puts the ave age cost of se di g a US$200 c oss-bo de t a sfe at a ou d 6.5 pe ce t, mo e tha double the 3 pe ce t ta get set u de the U ited Natio s Sustai able Developme t Goals.3 Th ough the i teg atio , OwlTi g’s e te p ise clie ts ca i itiate payme ts th ough OwlPay Ha bo , with Sabe a d its autho ized ba k pa t e s ha dli g local settleme t i to I dia i I dia upees, i ea eal time, eplaci g the multi-i te media y co espo de t chai with a si gle egulated settleme t path.4 The i teg atio also allows OwlTi g’s clie ts to collect a d pay i eu os a d B itish pou ds ac oss the Eu ozo e a d the U ited Ki gdom.

OwlPay Ha bo ea s t a sactio -based fees o the volume it settles, so each co ido it ope s wide s the base of e te p ise payme t flow the platfo m ca settle a d ea fees o , a d I dia is amo g the la gest it has added to date.

“The st uctu al shift i c oss-bo de payme ts is that egulated i f ast uctu e, ot i dividual ba ki g elatio ships, is becomi g the laye e te p ises oute thei mo ey th ough,” said Da e Wa g, Fou de a d CEO at OwlTi g G oup. “We built OwlPay Ha bo as that i f ast uctu e, a d I dia is o e of the clea est tests of it. Ope i g a ma ket this la ge is a di ect step i tu i g the i f ast uctu e we have built i to the way e te p ises settle eve y day.”

“Movi g mo ey i to I dia has lo g mea t multiple i te media ies, slow times, a d limited t a spa e cy,” said Edul Patel, Fou de a d CEO at Sabe Mo ey. “Sabe settles di ectly i to local ba k accou ts i local cu e cies ac oss Asia, i ea eal time, with complia ce built i to eve y t a sactio . B i gi g that to a egulated, publicly listed platfo m like OwlTi g puts i stitutio al-g ade settleme t withi each of the e te p ises that eed those co ido s most.”

I Ja ua y 2026, Sabe a ou ced its i teg atio with Ci cle Payme ts Netwo k as a Be eficia y Fi a cial I stitutio 5, a d OwlTi g pa ticipates i the etwo k as a O igi ati g Fi a cial I stitutio 6, placi g the two compa ies o compleme ta y sides of egulated digital cu e cy settleme t. Sabe is powe ed by Mud ex I c., whose ve tu e i vesto s i clude Y Combi ato , Nexus Ve tu e Pa t e s, a d QED I vesto s.7

OwlTi g has desc ibed 2026 as the yea its i f ast uctu e begi s co ve ti g i to p oductio clie t elatio ships a d eve ue. Ope i g I dia adds a majo ew co ido th ough which those e te p ise payme t flows ca settle. As OwlTi g activates additio al co ido s a d e te p ise flows mig ate o to the platfo m, the associated eve ue oppo tu ity is expected to build cumulatively ove time.

OwlPay Ha bo is the settleme t fou datio of OwlTi g’s b oade payme t i f ast uctu e, which also i cludes OwlPay Age t Wallet a d OwlPay Age t Checkout fo payme ts i itiated by AI age ts. As mo e comme ce moves th ough AI age ts, settleme t still has to clea th ough the egulated, lice sed ails that OwlPay Ha bo p ovides. That fou datio exte ds to U.S. cove age i 42 states, with egulato y footp i ts i the Eu opea U io a d Japa .8

About OwlTi g G oupOwlTi g G oup (NASDAQ: OWLS) is the ope ati g b a d of OBOOK Holdi gs I c., a global fi tech compa y fou ded i Taiwa , with subsidia ies i the U ited States, Japa , Pola d, Si gapo e, Ho g Ko g, Thaila d, a d Malaysia. The Compa y ope ates a dive sified ecosystem ac oss payme ts, hospitality, a d e-comme ce. I 2026, OwlTi g was amed to the Fi a cial Times a d Statista “High-G owth Compa ies Asia-Pacific 2026” list, a ki g No. 226 amo g the top 500 fastest-g owi g compa ies i the egio with a 42% CAGR. I 2025, OwlTi g was a ked amo g the top 2 global playe s fo the “E te p ise & B2B” catego y i the digital cu e cy secto by CB I sights’ statistics. The Compa y’s missio is to use dist ibuted ledge tech ology to p ovide busi esses with mo e eliable a d t a spa e t data ma ageme t, to ei ve t the global flow of fu ds fo busi esses a d co sume s, a d to lead the digital t a sfo matio of busi ess ope atio s. To this e d, the Compa y i t oduced OwlPay, a hyb id payme t solutio , to empowe global busi esses to ope ate co fide tly i the expa di g digital cu e cy eco omy. Fo mo e i fo matio , visit https://www.owlti g.com/po tal/?la g=e .

About Sabe Mo eySabe Mo ey is a Asia-fi st digital cu e cy payme t i f ast uctu e p ovide that helps e te p ises a d fi techs move mo ey ac oss bo de s i eal time. Powe ed by Mud ex I c., Sabe states it p ocesses mo e tha US$1.5 billio i a ualized payme t volume ac oss mo e tha 40 cou t ies, with egulato y egist atio s a d lice ses i cludi g I dia (FIU), the U ited Ki gdom (S21), the Eu opea U io (VASP), Ca ada (MSB), a d Aust alia (AUSTRAC). Fo mo e i fo matio , visit https://sabe .mo ey.

Fo wa d-Looki g Stateme tsThis a ou ceme t co tai s fo wa d-looki g stateme ts withi the mea i g of applicable secu ities laws. These stateme ts elate to futu e eve ts o the Compa y’s futu e fi a cial o ope ati g pe fo ma ce a d i volve k ow a d u k ow isks a d u ce tai ties that may cause actual esults to diffe mate ially f om those exp essed o implied by such stateme ts. Fo wa d-looki g stateme ts ca ofte be ide tified by wo ds such as “may,” “will,” “expect,” “a ticipate,” “pla ,” “i te d,” “believe,” “estimate,” o simila exp essio s. These fo wa d-looki g stateme ts a e based o the Compa y’s cu e t expectatio s a d assumptio s a d speak o ly as of the date of this a ou ceme t. The Compa y u de takes o obligatio to update a y fo wa d-looki g stateme ts, except as equi ed by law. I vesto s a e cautio ed ot to place u due elia ce o these stateme ts a d a e e cou aged to eview the isk facto s desc ibed i the Compa y’s fili gs with the U.S. Secu ities a d Excha ge Commissio .

Thi d-Pa ty I fo matio This p ess elease may co tai efe e ces to thi d-pa ty compa ies, p oducts, se vices, o esea ch publicatio s. Such efe e ces a e p ovided fo i fo matio al pu poses o ly a d do ot co stitute a e do seme t, spo so ship, o ecomme datio by the Compa y u less exp essly stated. Ope atio al, payme t cove age, a d oadmap figu es att ibuted to Sabe Mo ey a e as epo ted by Sabe Mo ey a d have ot bee i depe de tly ve ified by the Compa y.

P oduct AvailabilityCe tai p oducts o se vices desc ibed i this p ess elease may ot be available i all ju isdictio s a d may be subject to egulato y app ovals a d complia ce with applicable laws a d egulatio s.

OwlTi g G oup Media Relatio sp _office@owlti g.com

OwlTi g G oup I vesto Relatio si @owlti g.com

Sabe Mo ey Media Relatio s aga@mud ex.com_______________________________1 All mo ey t a smissio se vices i the U ited States a e p ovided by OwlTi g USA, I c. (NMLS ID: 2324336), a wholly ow ed subsidia y of OBOOK Holdi gs I c.2 Acco di g to I dia’s Mi ist y of Comme ce & I dust y, “The cumulative expo ts (me cha dise & se vices) du i g FY 2025-26 (Ap il-Ma ch) is estimated at US$ 860.09 Billio , as compa ed to US$ 825.26 Billio i FY 2024-25 (Ap il-Ma ch), a estimated g owth of 4.22%.” Please see https://www.pib.gov.i /P essReleasePage.aspx?PRID=2252272& eg=3&la g=1. This figu e ep ese ts I dia’s total expo ts of goods a d se vices a d is p ovided as ma ket co text o ly; it does ot ep ese t OwlTi g’s t a sactio volume, add essable sha e, o eve ue.3 Ave age cost of se di g a US$200 c oss-bo de t a sfe , acco di g to the Wo ld Ba k, Remitta ce P ices Wo ldwide. See https:// emitta cep ices.wo ldba k.o g. The 3 pe ce t efe e ce ta get is U ited Natio s Sustai able Developme t Goal 10.c.4 “Nea eal time” eflects settleme t capability as desc ibed by Sabe a d may va y by t a sactio , be eficia y ba k, a d etwo k co ditio s, a d is subject to applicable p ocessi g equi eme ts.5 Acco di g to Sabe Mo ey’s p ess elease “Sabe I teg ates with Ci cle Payme ts Netwo k to St e gthe Global Off-Ramp Capabilities” a ou ced o Ja ua y 27, 2026. Please see https://www.p ewswi e.com/apac/ ews- eleases/sabe -i teg ates-with-ci cle-payme ts- etwo k-to-st e gthe -global-off- amp-capabilities-302671122.html.6 Acco di g to OwlTi g’s p ess elease, “OwlTi g Joi s Ci cle Payme ts Netwo k, Expa di g Digital Cu e cy Access to High-G owth Global Ma kets” a ou ced o Decembe 4, 2025.7 Mud ex I c. fu di g a d i vesto i fo matio is as epo ted by thi d-pa ty sou ces a d has ot bee i depe de tly ve ified by the Compa y. Fo mo e i fo matio , please see https://mud ex.com/about-us.8 As of Ju e 29, 2026, OwlTi g G oup has obtai ed Mo ey T a smitte Lice ses o thei equivale t i 41 U.S. states a d is applyi g fo lice ses i additio al states. The Compa y has ow expa ded its egulato y footp i t i 42 U.S. states, a d it also ope ates u de a Vi tual Asset Se vice P ovide (VASP) egist atio i Pola d (Eu opea U io ) a d a Elect o ic Payme t Se vice Ope ato (Ba k API lice se) i Japa . Fo a list of global lice ses obtai ed, see https://www.owlti g.com/owlpay/lice ses?la g=e .

A photo accompa yi g this a ou ceme t is available at https://www.globe ewswi e.com/NewsRoom/Attachme tNg/1a49146f-7094-4890-a43c-fff72a004a05

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

ShareTweet1ShareSendShare2
Previous Post

Growgent.ai Launches an AI Growth Engine for Small Businesses

Next Post

SeedX Launches Specialized B2B Fintech Marketing Services to Drive Predictable Revenue Growth

Related Posts

Plantalk Begins Mass Production of Plantiemoji, an AI-powered Plant Companion for Indoor Plant Care

HOUSTON, TX / ACCESS Newswi e / July 21, 2026 / Pla talk today a ou ced that Pla tiemoji, its AI-powe ed pla t compa io a d sma t pla t mo ito , has e te ed mass p oductio a d is p epa i g...

Read moreDetails

PLANET Technology USA Introduces the AIS-1000 AI Surveillance Station for Advanced Edge-Based Security Monitoring

CHINO, CA / ACCESS Newswi e / July 21, 2026 / PLANET Tech ology USA (Pla etechUSA), a divisio of Ve sa Tech ology, a leadi g supplie of cost-effective, Powe ove Ethe et (PoE) etwo ki g solutio s, today a ou ces the elease of the AIS-1000 AI...

Read moreDetails

Stride Announces Date for Fourth Quarter Fiscal Year 2026 Earnings Call

RESTON, Va., July 21, 2026 (GLOBE NEWSWIRE) -- St ide I c. (NYSE: LRN) a ou ced today it pla s to discuss its fou th qua te a d full fiscal yea 2026 fi a cial esults du i g a co fe e ce call scheduled fo Tuesday,...

Read moreDetails

KPA Expands Automotive EHS Solutions to Help Businesses Maintain Compliance

WESTMINSTER, Colo., July 21, 2026 (GLOBE NEWSWIRE) -- KPA, the leadi g p ovide of automotive complia ce a d isk ma ageme t softwa e, today a ou ced expa ded EHS solutio s that help deale ships, collisio ce te s, a d auto ca e busi esses...

Read moreDetails

BlackLine Announces Date for Second Quarter 2026 Earnings Release and Conference Call

LOS ANGELES, July 21, 2026 (GLOBE NEWSWIRE) -- BlackLi e, I c. (Nasdaq: BL) a ou ced today that it will elease fi a cial esults fo the fi st qua te e ded Ju e 30, 2026 afte ma ket close o  Tuesday, August 4, 2026 followed by a co...

Read moreDetails

BullFrog AI to Participate in Water Tower Research Fireside Chat on Thursday, July 23, 2026

GAITHERSBURG, Md., July 21, 2026 (GLOBE NEWSWIRE) -- BullF og AI Holdi gs, I c. (NASDAQ: BFRG; BFRGW) ("BullF og AI" o the "Compa y"), a AI compa y usi g th ee compleme ta y capabilities to tu complex biomedical data i to actio able i sights, a ou...

Read moreDetails

GoHealth Successfully Completes Financial Restructuring and Emerges Well Positioned for Future Success

CHICAGO, July 21, 2026 (GLOBE NEWSWIRE) -- GoHealth (“GoHealth” o the “Compa y”) today a ou ced that it successfully completed its fi a cial est uctu i g a d eme ged f om Chapte 11 pu sua t to its p epackaged pla of eo ga izatio ,...

Read moreDetails

Tactile Medical to Release Second Quarter of Fiscal Year 2026 Financial Results on August 10, 2026

MINNEAPOLIS, July 21, 2026 (GLOBE NEWSWIRE) -- Tactile Systems Tech ology, I c. (“Tactile Medical”; the “Compa y”) (Nasdaq: TCMD), a medical tech ology compa y p ovidi g the apies fo people with ch o ic diso de s, today a ou ced that seco d qua te of...

Read moreDetails

Inspired to Report Second Quarter 2026 Results and Hold Conference Call on August 6th

NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- I spi ed E te tai me t, I c. ("I spi ed" o the “Compa y”) (NASDAQ: INSE), a leadi g B2B p ovide of gami g co te t, tech ology, ha dwa e a d se vices, a ou...

Read moreDetails

EXL announces appointment of Bina Mehta to Board of Directors and lead director transition

NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- EXL , a global data a d AI compa y, a ou ced that Bi a Mehta, the fo me Chai of KPMG UK a d a p ofessio al se vices leade with a exte sive t ack eco d of...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    175 shares
    Share 70 Tweet 44
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    178 shares
    Share 71 Tweet 45
  • Top Layer 1 Crypto Projects to Watch in 2025

    30 shares
    Share 12 Tweet 8
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    74 shares
    Share 30 Tweet 19
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    93 shares
    Share 37 Tweet 23
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • Plantalk Begins Mass Production of Plantiemoji, an AI-powered Plant Companion for Indoor Plant Care
  • Americas Cardroom Run Up Leaderboard Competition Enters Key Stage
  • McCormick Systems Releases New Article on Construction Document Management
  • PLANET Technology USA Introduces the AIS-1000 AI Surveillance Station for Advanced Edge-Based Security Monitoring
  • Matador Technologies Announces Management Transition

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.